DraftKings Reports Revenue Growth but 2026 Outlook Disappoints
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
0mins
Should l Buy DKNG?
Source: Investing
DraftKings Inc. is experiencing a significant pre-market decline of 12.16%, hitting a 52-week low.
The company reported a 43% revenue growth in Q4, reaching $1.99 billion, which aligns with analyst expectations. However, its 2026 revenue forecast of $6.5 billion to $6.9 billion falls short of the $7.32 billion consensus, raising concerns about future growth. This disappointing outlook has led to a drop in investor confidence, despite the strong quarterly performance.
The mixed results highlight the challenges DraftKings faces in a competitive market, where user growth has stagnated, and investor sentiment remains cautious. The company must navigate these challenges to regain market trust and drive future growth.
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Analyst Views on DKNG
Wall Street analysts forecast DKNG stock price to rise
29 Analyst Rating
23 Buy
6 Hold
0 Sell
Strong Buy
Current: 22.590
Low
30.00
Averages
42.69
High
53.00
Current: 22.590
Low
30.00
Averages
42.69
High
53.00
About DKNG
DraftKings Inc. is a digital sports entertainment and gaming company. It provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. It operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. It owns Jackpocket, a digital lottery courier app in the United States. It is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. It also owns and operates DraftKings Network, a multi-platform content ecosystem.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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